# Top 50 VC (Venture Capital) Funds in Estonia in June 2026

## Specialist VC
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 41
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

United Angels VC is an early stage venture capital fund based in Estonia.

## Tera Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 35
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Artificial Intelligence

Tera Ventures is an international investment firm based in Estonia.

## Superangel
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 35
- Stages: Seed, Pre-Seed, Series A
- Focus: Artificial Intelligence, Software, Information Technology

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

## Lemonade Stand
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 29
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, FinTech

Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction.

## Prototron
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 24
- Stages: Pre-Seed, Grant, Seed
- Focus: Software, Manufacturing, Internet of Things

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: 
*) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee 
*) Additional partners who want to be part of Estonia's next success stories.

## Change Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 23
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Apps

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

## Icebreaker.vc
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 23
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

## Thorgate Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 18
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, FinTech

We invest both capital and our know-how into startups. Join us and let's change the world

## Spring Capital
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 11
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, E-Commerce

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

## Karma Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 10
- Stages: Series A, Seed, Series B
- Focus: Software, Artificial Intelligence, FinTech

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

## TMT Investments
- Type: VC Fund
- Location: St. Helier, NA - Jersey, Jersey
- Relevant deals: 9
- Stages: Seed, Series A
- Focus: Software, SaaS, Social Media

TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.

## Ambient Sound Investments
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Internet, Software, E-Commerce

Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle.

## Sunly
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 8
- Stages: Seed, Pre-Seed
- Focus: Solar, CleanTech, Rental

Sunly, a renewable energy company, is active in the Baltics and surrounding markets. Sunly is developing renewable energy projects through Sunly Infra and manages a renewable energy and electrification portfolio of start-ups through Sunly Startup.

## Trind Ventures
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Trind VC is a founder-first venture capital firm investing in early-stage consumer startups across Europe. We back ambitious teams, help them grow, and stay by their side through every stage of the journey.

## Passion Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Financial Services

Passion Capital is a partnership of entrepreneurs and operators who are applying our experiences to helping founders and early-stage teams build great digital media/technology companies. We are committed to fostering an ecosystem of technology, collaboration and executional excellence in Europe, and we believe that the criticaldifferentiator and key asset of a successful business is the passion and ability of its founders. We take pride in the calibre and success of all of our founders and teams including but nowhere near limited to GoCardless, Tray.io, Mendeley, Digital Shadows, Adzuna, Smarkets, Ravelin, Tide, Marshmallow, Butternut Box, PolyAI, Lendable and Monzo Bank

## Gorilla Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 7
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, SaaS, Information Technology

Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.

## LIFT99
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 6
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, Legal

LIFT99 is a coworking hub and network of startup founders in Tallinn, Estonia, and Kyiv, Ukraine. In 2018, we launched our Skillsharing Platform for founders around the world.

## Iron Wolf Capital
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 6
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, SaaS

We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses. 

## Superhero Capital
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Internet

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

## Enterprise Estonia
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 6
- Stages: Grant, Seed, Pre-Seed
- Focus: Biotechnology, Software, Mobile Apps

Enterprise Estonia (EAS), established in 2000, promotes business and regional development in Estonia. Enterprise Estonia is one of the largest institutions within the national support system for entrepreneurship, providing financial assistance, advisory, cooperation opportunities and training for entrepreneurs, research establishments, public andthird sector.

## Verge HealthTech Fund
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Medical Device, Medical

We make early investments in global healthcare technology companies that address prevention, disease management and health system efficiency that are relevant to emerging Asia​We believe that innovation can happen anywhere, from the streets of Dhaka to the labs of Oxford, however without the right support network, these solutions might notscale, or find the best world-changing application. This is where we can help.

## BADideas.fund
- Type: VC Fund
- Relevant deals: 6
- Stages: Pre-Seed, Seed, Grant
- Focus: Software, Information Technology, Artificial Intelligence

BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition.

## Metaplanet
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 6
- Stages: Seed, Series A, Series B
- Focus: Artificial Intelligence, Software, Health Care

an early-stage investment firm making long-term bets on contrarians and leveraging the knowledge and network across sectors. We back mission-driven founders working on positively disruptive deep technologies.

## EstBAN
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, Manufacturing

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

## Earlybird Venture Capital
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Artificial Intelligence

Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities.

## Tiny Supercomputer Investment Company
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## Vestman Energia
- Type: VC Fund
- Location: Viljandi, Viljandimaa, Estonia
- Relevant deals: 5
- Stages: Pre-Seed, Seed
- Focus: Water, Software, CleanTech

Our focus changes in the same pace with the surrounding world. If the main concern of the mankind is the food and energy supplies and polluted living environment, the current activities of the companies of Vestman Group thus also focus on these topics. Our vision is to be a sustainable forest manager on one of the Estonian largest private forestpossession. We lease out arable lands, give advice and help to find the best solution based on the partner’s needs. We are starting our journey in Eco-friendly Technology to strengthen our Circular economy way of doing things even further. We value the world we live in and the resources we use in our business.

## Contrarian Ventures
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 5
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Renewable Energy, Energy

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

## AU21 Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 5
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Gaming

A fund dedicated to backing the most brilliant minds in the blockchain space

## Tiny VC
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Backing great companies when they're tiny

## Presto Ventures
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: SaaS, Software, Information Technology

We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.

## Inventure
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Health Care

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

## Zenith Family Office
- Type: VC Fund
- Relevant deals: 4
- Stages: Pre-Seed
- Focus: SaaS, Commercial Real Estate, B2B

Independent wealth management company devoted to handling the investments and personal needs of wealthy individuals

## Contriber Ventures
- Type: VC Fund
- Location: Tartu, Tartumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Angel, Series A
- Focus: Software, Apps, SaaS

.Cocoon | Hubs | Investments

## Shima Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Gaming

Shima Capital is an investment fund that focuses on supporting blockchain startups. The firm is headquartered in San Francisco, California, United States.

## BlackFin Capital Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 4
- Stages: Series A, Private Equity, Series B
- Focus: Financial Services, FinTech, Software

BlackFin Capital Partners is the leading pan-European Financial Services PE Platform. The team consists of +35 experienced professionals from several nationalities.

## Expeditions
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

Expeditions invests in dual-use companies across deep tech sectors including cybersecurity, defence & intelligence, autonomy, AI, quantum, privacy, communications solutions and space.

## Ukrainian Startup Fund
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 4
- Stages: Pre-Seed, Seed, Grant
- Focus: Software, Information Technology, SaaS

USF originally set up to promote the development of the local startup ecosystem and today is the largest local angel investor with already 130 funded startups and the most extensive startups database and stakeholders (over 3,000 applications).

## Little Green Fund
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Pre-Seed
- Focus: CleanTech, GreenTech, Manufacturing

Little Green Fund invests in companies that are good for the Earth, with teams that can get big things done.

## Mapleblock Capital
- Type: VC Fund
- Location: Delhi, Delhi, India
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Blockchain, Gaming, Cryptocurrency

Mapleblock Capital is an investment firm that exclusively consults and invests in crypto-assets and blockchain companies. It was founded in 2017 and is headquartered in Delhi, India.

## Token Ventures
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, FinTech

We see a bright future of blockchain-based technologies.

## The Spartan Group
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Software

We advise, invest and build with the best entrepreneurs in Web3.

## LD Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 4
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Gaming

LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem.

## ff Venture Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

ff Venture Capital (ffVC) is a technology venture capital firm investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. The firm identifies and invests in technology and technology-enabled companies at its inception acrossgeographies and emerging industries. With three partners and an acceleration team of 20+ investment and operations professionals, ffVC actively participates with founders to develop products, target markets, and accelerate growth. Since 2008, ffVC has invested in over 100 companies and has helped to create companies with an aggregate market value exceeding $6 billion.

## Cryptomeria Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 4
- Stages: Seed
- Focus: Blockchain, FinTech, Cryptocurrency

We help you to enter the Chinese crypto market. We invest in blockchain projects.

## Practica Capital
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: B2B, Software, Information Technology

 Practica Capital 

## ZAKA VC
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

ZAKA Startups is a private pre-seed and seed venture capital company. It is focused on early-stage software driven investments across the whole EU with primary focus on CEE, DACH and Baltics. ZAKA operates primarily from Prague and Bratislava with scouts in Berlin and Baltic region.

## Decacorn Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 3
- Stages: Seed, Series B
- Focus: Software, Information Technology, Artificial Intelligence

Decacorn Capital is a cross-border venture funding initiative, centred around game changing start-ups, enabled by innovative use of technology and led by high-caliber, resourceful  founders who are out there with the mission to either create a true  delight or solve a real problem.

## Flyer One Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.

## TechOne VC
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.
